ON GLOBALIZATION AND MIGRATION
An appreciation of current trends in the global economy is critical
to understanding immigration patterns. In recent years, the term globalization has
been used to describe a new era of international economic integration.
Implicit in this term is the idea that the breakdown of barriers
between nations facilitates the flow of goods, information, and
technology across borders. Nonetheless, in recent decades, the
historic divide between rich northern and poor southern nations
had deepened as a result of global economic shifts.
Globalization
has allowed the U.S. and other powerful nations to build an institutional
framework that regulates international trade and development on
terms
favorable to themselves. These institutions, such as the World Bank,
the International Monetary Fund, and the World Trade Organization,
have
overseen a lowering of trade barriers worldwide and have engineered
massive shifts in the economies of poorer nations. Development
policies
that hinge on creating a profitable environment for foreign investment
have wrought huge social, economic, and environmental changes while
workers increasingly compete across borders in a race to the bottom to
attract foreign investment by working for lower wages.
This
divide is also reflected within countries like the U.S., where
the gap between rich
and poor is widening. In the U.S., the domestic impact of globalization
has led to economic, social and environmental changes that mirror
international
patterns. Median hourly wages have steadily fallen as the economy has
become more globalized, and domestic policies focus on reducing
social and environmental protections for the most vulnerable
while creating conditions ripe for corporations to consolidate their
power. The disparity between those at the top of the economic strata
and those at the bottom is increasing exponentially in 1999,
it was estimated that 84.6% of the nations wealth was held in
the hands of the top 20% of the U.S. population. Meanwhile, the bottom
20% held just 0.5% of the wealth.
Source:
the National Network for Immigration and Refugee Rights Bridge
Curriculum, www.nnirr.org.